Average Price for property in Merchants Way, Canterbury, CT2 is around £198,432 which varies based on type of property you are interested in and ranges from £205,625 for semi-detached to around £194,648 for terraced house. Values have been changing and have risen £115 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £737 in last 6 months, £13,327 in last 1 year, £25,082 in last 2 years, £27,791 in last 3 years, £22,477 in last 4 years and £26,030 in last 5 years.
Currently average asking price of a property in Merchants Way, Canterbury, CT2 is around £290,154 based on approximately 3 properties for sale. Same is the case with rental options based on 387 properties up for rent, average asking rent is around £1,333 per month.
Estimated property value in Merchants Way, Canterbury, CT2 is £198,432. Average asking price is £290,154 while average price paid is £172,650 which is up by £13,327 and Avg. asking rent £1,333.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Merchants Way, Canterbury, CT2 area. In last 1 year alone average price buyer paid is around £172,650 based on approximately 3 sales in Merchants Way, Canterbury, CT2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £168,408. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £167,635 for 7 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £160,246 per sale.